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“We have a huge amount of uranium resource, which we would like to exploit and put in the most transparent way,” he was quoted as telling the International Mining Conference in Riyadh.
“We will bring partners and we will be exporting and manufacturing and developing it and we will be commercially monetising that resource.”
The minister said the world needed more flexibility because the transition to clean energy is complicated. “We should not forfeit energy security for the sake of a publicity stunt”, he said. “The transition needs to be a well-thought of transition.”
Press reports have said Saudi Arabia, the world’s top il exporter, could produce over 90,000 tonnes of uranium from three major deposits in the country, enough to provide fuel for nuclear plants the country seeks to build and to export uranium.
- Source: Nucnet
- Date: Saturday, 15 January 2022
- Original article: nucnet.org/news/kingdom-aims-to-take-advantage-of-uranium-resources-as-it-looks-to-nuclear-energy-1-5-2022
The US newspaper reported that the processing facility, which has not been publicly disclosed, is in Saudi Arabia’s northwest region and is raising concerns from US officials. It said the main concern is that as the kingdom moves ahead with developing a commercial nuclear programme, it is keeping the door open for the creation of nuclear weapons.
Press reports said the Saudi energy ministry has “categorically denied” that it has built a uranium ore facility in the area described by the western officials. However, the reports quoted Saudi officials as saying that the extraction of uranium is a key component of the kingdom's economic diversification strategy, which looks to move away from its dependence on oil exports.
The energy ministry confirmed Saudi Arabia has a contract with China on uranium exploration in certain areas.
- Source: Nucnet
- Date: Thursday, 06 August 2020
- Original article: nucnet.org/news/saudi-arabia-press-report-claims-kingdom-has-built-uranium-processing-facility-8-3-2020
The US is buying 32t of Iranian heavy water to help Iran meet the terms of last July's landmark nuclear deal under which Iran agreed to curb its nuclear programme in exchange for sanctions relief. The agreement was signed on 22 April in Vienna between Iran and officials from the six countries that negotiated the nuclear deal - E3/EU+3 (China, France, Germany, Russia, the UK and the USA plus the European Union). It calls for the US Department of Energy's (DOE's) Isotope Program to purchase the heavy water from a subsidiary of the Atomic Energy Organization of Iran (AEOI) for about $8.6m, officials said. They said the heavy water will be stored at the Oak Ridge National Laboratory (ORNL) in Tennessee and then resold on the commercial market for research purposes.
- Source: NEI Magazine
- Date: Tuesday, 26 April 2016
- Original article: neimagazine.com/news/newsiran-enters-the-global-market-for-nuclear-materials-4874899
The future of nuclear power in France remains uncertain under its forthcoming president François Hollande, who gained 52% of the vote in elections on 6 May 2012– a sufficient majority to unseat the incumbent president Nicolas Sarkozy.
- Source: NEI Magazine
- Date: Wednesday, 09 May 2012
- Original article: neimagazine.com/news/newsthe-new-french-president-and-nuclear-power